• 제목/요약/키워드: Econometric

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Development of the Roundwood Demand Prediction Model

  • Kim, Dong-Jun
    • 한국산림과학회지
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    • 제95권2호
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    • pp.203-208
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    • 2006
  • This study compared the roundwood demand prediction accuracy of econometric and time-series models using Korean data. The roundwood was divided into softwood and hardwood by species. The econometric model of roundwood demand was specified with four explanatory variables; own price, substitute price, gross domestic product, dummy. The time-series model was specified with lagged endogenous variable. The dummy variable reflected the abrupt decrease in roundwood demand in the late 1990's in the case of softwood roundwood, and the boom of plywood export in the late 1970's in the case of hardwood roundwood. On the other hand, the prediction accuracy was estimated on the basis of Residual Mean Square Errors(RMSE). The results showed that the softwood roundwood demand prediction can be performed more accurately by econometric model than by time-series model. However, the hardwood roundwood demand prediction accuracy was similar in the case of using econometric and time-series model.

수입펄프.종이와 국산펄프.종이의 대체탄력성 (Substitution elasticities of the imported and domestically produced pulp and paper)

  • 김세빈;김동준
    • 농업과학연구
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    • 제38권2호
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    • pp.383-391
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    • 2011
  • Traditional international trade theory assumes that import goods and domestically produced goods of the same industry are equal in quality. However the substitutability of the two goods is imperfect. This article estimated the import functions of pulp and paper using econometric and vector autoregressive models, and calculated the elasticities of substitution between imported and domestically produced pulp and paper. The import of pulp is inelastic to import price and domestic price, and elastic to national income in econometric model. And it is inelastic to import price, domestic price and national income in vector autoregressive model. On the other hand, the import of paper is inelastic to domestic price, and elastic to import price and national income in econometric model. And it is inelastic to import price and domestic price, and elastic to national income in vector autoregressive model. The elasticity of substitution between imported and domestically produced pulp was positive, and the elasticity was respectively 0.42 and 0.20 in econometric and vector autoregressive models. This may be because of the high proportion of imports. On the other hand, the elasticity of substitution between imported and domestically produced paper was positive, and the elasticity was respectively 0.75 and 0.81 in econometric and vector autoregressive models. This may be because the quality of imported paper is different from that of domestically produced paper.

Development of the Plywood Demand Prediction Model

  • Kim, Dong-Jun
    • 한국산림과학회지
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    • 제97권2호
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    • pp.140-143
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    • 2008
  • This study compared the plywood demand prediction accuracy of econometric and vector autoregressive models using Korean data. The econometric model of plywood demand was specified with three explanatory variables; own price, construction permit area, dummy. The vector autoregressive model was specified with lagged endogenous variable, own price, construction permit area and dummy. The dummy variable reflected the abrupt decrease in plywood consumption in the late 1990's. The prediction accuracy was estimated on the basis of Residual Mean Squared Error, Mean Absolute Percentage Error and Theil's Inequality Coefficient. The results showed that the plywood demand prediction can be performed more accurately by econometric model than by vector autoregressive model.

Long-Run Behavior of R&D Investment and Economic Growth : A Macro-Econometric Model

  • Shin, Tae-Young
    • 기술경영경제학회:학술대회논문집
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    • 기술경영경제학회 2004년도 제24회 동계학술대회 논문집
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    • pp.83-107
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    • 2004
  • This study investigates how and through which channels R&D activities influences the national economy, using a macro-econometric model. The macro-econometric model in this study includes 24 behavioral equations and 25 identities and was estimated using the annual data. From a simulation analysis, it is shown that the R&D investment has a permanent effect on real variables; lowering prices, wages and interest rates, and increasing potential and real GDP in the long run. It is noted that the national account was recalculated to avoid double-counting in estimation of R&D stocks.

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제조업용 로봇의 생산 및 무역규모 예측 모형 분석

  • 김종권
    • 대한안전경영과학회:학술대회논문집
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    • 대한안전경영과학회 2008년도 춘계학술대회
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    • pp.461-468
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    • 2008
  • <그림 1>과 <그림 2>, <그림 3>은 통계 패키지(Econometric Views)를 사용하여 제조업용 로봇의 수출입을 2007년부터 2008년까지 추정한 값이며, 자료는 2001년도 이후의 관세청 수출입 실적자료를 활용하였다. <그림 1>은 SAENGF는 제조업용 로봇 국내생산의 추정치이며, 점선은 95% 신뢰구간을 의미한다. <그림 2>는 통계 패키지(Econometric Views)를 사용하여 제조업용 로봇의 수출을 2007년부터 2008년까지 추정한 값이며, EXPORTF는 제조업용 로봇 수출의 추정치이며, 점선은 95% 신뢰구간을 의미한다. <그림 3>은 통계 패키지(Econometric Views)를 사용하여 제조업용 로봇의 수입을 2007년부터 2008년까지 추정한 값이며, IMPORTF는 제조업용 로봇 수출의 추정치이며, 점선은 95% 신뢰구간을 의미한다. <표 1>은 국내 제조업용 로봇의 국내생산, 수출과 수입의 추정치이며, ARIMA모형을 사용하였으며, 자료는 2001년도 이후의 데이터로 관세청 수출입 실적자료를 활용하였다.

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헤도닉분석기법과 공간계량경제모형을 이용한 농촌지역 지가의 영향인자 분석 (Analysis of Determinant Factors of Land Price in Rural Area Using a Hedonic Land Price Model and Spatial Econometric Models)

  • 서교
    • 농촌계획
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    • 제11권3호
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    • pp.11-17
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    • 2005
  • Land prices reflect not only the uses of land, but the potential uses as well(Plantinga, 2002) so land values can be applied to very effective indices for deciding regional status and growing potential. The purpose of this study is to deduce determinant factors of regional land prices. Principal determinants of regional land prices are analyzed with a hedonic technique and spatial econometric models based on 2001 statistic data of Korea except large cities. The results provide the followings. 1. The spatial effect of rural regions are very little with adjacent regions. 2. The common index of land price is population density and other determinant factors are different depending on land uses.

도시 상호작용에 따른 기능적 자기상관분석 및 기능계량경제모형 개발 - 중소도시의 경제성장을 중심으로 - (Analysis of Functional Autocorrelation and Development of Functional Econometric Model through Urban Interactions - Focusing on Economic Growth of Small and Medium Sized Cities -)

  • 김도형;우명제
    • 국토계획
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    • 제54권3호
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    • pp.63-74
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    • 2019
  • Korean government has implemented policies to strengthen the competitiveness of small and medium sized cities. However, since it is often difficult to enhance the competitiveness through individual projects, many local governments in metropolitan areas are working together to pursue local growth. On the other hand, small and medium sized cities that are not included in metropolitan areas due to their spatial limitations have difficulties in implementing effective growth policies. Given this background, the purpose of this study is to identify the functional correlation based on urban interactions and develop functional econometric model for the economic growth of small and medium sized cities. This study uses spatial econometrics models and functional weight matrix to identify the effects of functional networks on small and medium sized cities. The results show the effect of functional networks on the growth of small and medium sized cities and provide policy implications for regional spatial planning that addresses effective management of small and medium sized cities.

R&D와 생산효율성 관계에 관한 계량모형 비교연구: 확률적 생산변경모형을 중심으로 (Comparison of Stochastic Frontier Models in Application to Analysis on R&D and Production Efficiency)

  • 이영훈
    • 경제분석
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    • 제17권1호
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    • pp.103-130
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    • 2011
  • 연구개발 및 정부의 연구개발지원의 성과에 대한 실증연구결과의 중요성에도 불구하고 연구개발투자의 생산성에 대한 영향을 분석하는 계량모형에 관한 논의는 상대적으로 활발하지 않았다. 본 연구에서는 연구개발투자의 생산성에 관한 기존 실증분석연구에서 활용한 계량모형들을 비교하여 모형의 장단점을 논하며 최근 발전된 관련 계량모형을 논함으로써 향후 응용연구에서 모형설정에 필요한 정보를 제공하고자 한다. 특히 기존 연구에서 가정하였던 연구개발투자와 생산성의 관계에 단조성을 완화하여 비단조성을 추정할 수 있는 모형을 소개하고 이를 기반으로 단조성 가정에 대한 검정방법을 논한다. 광공업통계DB에 있는 기업자료 및 OECD국가 패널자료에 논의한 계량모형을 적용함으로써 모형특성의 차이에 따른 추정결과의 차이점을 논한다.

공적분분석을 이용한 우리나라 수산물 수입함수 추정 (An Estimation of Korea's Import Demand Function for Fisheries Using Cointegration Analysis)

  • 김기수;김우경
    • 수산경영론집
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    • 제29권2호
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    • pp.97-110
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    • 1998
  • This paper tries to estimate Korea's import demand function for fisheries using cointegration analysis. The estimation function consists of one dependent variable-import quantity of fisheries(FTIW) and two independent variables-relative price(RP) between importable and domestic products and real income(GDP). As it has been empirically found out that almost all of time series of macro-variables such as GDP, price index are nonstationary, existing studies which ignore this fact need to be reexamined. Conventional econometric method can not analyze nonstationary time series in level. To perform the analysis, time series should be differenciated until stationarity is guaranteed. Unfortunately, the difference method removes the long run element of data, and so leads to difficulties of interpretation. But according to new developed econometric theory, cointegration approach could solve these problems. Therefore this paper proceeds the estimation on the basis of cointegration analysis, because the quartly variables from 1988 to 1997 used in the model is found out to be nonstationary. The estimation results show that all of the variables are statistically significant. Therefore Korea's import demand for fisheries has been strongly affected by the variation of real income and the relative price.

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